Blackburn Rovers are closing in on a deal for a Sheffield United striker while Wigan Athletic and Hull City are reportedly competing to sign a Blades midfielder who impressed during his loan spell at the Tigers last season while
Meanwhile, Hull have been linked with a shock move for a USA international defender and Huddersfield Town have confirmed that they have received no bids for their Newcastle United and Leeds United linked star.
Peterborough United are closing in on two new signings but it could be a quiet window for Preston North End after their boss said he was happy to continue working with the current crop of Deepdale talents.
Millwall have had a seven figure bid for a striker rejected by his club as Premier League side Watford are reportedly monitoring the situation and could be plotting a move while Stoke City have joined the chase for a promising young attacker from Linfield.
Finally, in a move that could have major implications for several Championship clubs (including West Brom, Stoke City and Blackburn Rovers among others), Brighton & Hove Albion boss Graham Potter has hinted that the Premier League club are considering recalling players currently out on loan this month.
Here are Wednesday's EFL Championship transfer rumours:
5. Premier League duo in hunt for Massengo
Leicester City and Southampton are in the hunt to sign 20-year old Bristol City midfielder Han-Noah Massengo (Football Insider) Photo: Dan Mullan
6. Magpies could return for Kelly
Newcastle United could revive their interest in Bournemouth defender Lloyd Kelly even if the Cherries win promotion back to the Premier League (GiveMeSport) Photo: Alex Burstow
7. Blades boss discusses Jebbison recall
Sheffield United boss Paul Heckingbottom has discussed why they recalled Daniel Jebbison from his loan at Burton Albion and whether he will feature in the first team at Bramall Lane over the next few weeks, saying: "You have to be performing to get in the team and Jebbo has noticed a change in intensity in training." Photo: Charlotte Tattersall
8. Posh chief confirms Sunderland's Clarke-Harris interest
Peterborough United chairman Darragh MacAnthony has confirmed that Sunderland were interested in striker Jonson Clarke-Harris but would not match their £6 million asking price for the player (Sunderland Echo) Photo: Michael Regan